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Monaco : the most expensive market in the world

Nestled between sea and mountains, enjoying an exceptional climate and a relaxing lifestyle, Monaco is one of the most sought after destinations on the French Riviera.

monaco-the-most-expensive-market-in-the-world

The real estate market in Monaco remains the most expensive in the world with average prices between 25.000 EUR to 60.000 EUR per sqm. Exceptional properties can exceed 100.000 EUR per sqm. This extremely urbanized city state enjoys an exceptional climate and relaxing life style, it offers outstanding security, attractive tax regimes and a vibrant social life with casinos, operas, restaurants, world class sporting events… All these make Monaco a very sought after location.

"The demand has remained strong in Monaco over the last years"

The demand has remained strong over the last years with a majority of buyers from Russian speaking countries, Scandinavian countries as well as British, Italian and middle eastern investors.

The rental market is very strong as well with most apartments remaining on the market for only a very short period of time (less than a month).

A couple of new developments have seen the light over the recent years such as L’oiseau Bleu in 2012 and the Monte Carlo View, boasting large luxurious apartments. The major future development is the Odeon Tower, with its 49 floors it will be the tallest building in the Principality offering large and extremely luxurious apartments to Monaco the equivalent of One Hyde Park Corner in London…

Beauchamp Estates is proud to present Villa Montjoie in Monaco

Undoubtedly a jewel in the crown of properties in Monaco, Villa Montjoie was originally built at the beginning of the 20th century and is one of the few remaining private Belle Epoque villas.

Ideally situated on the Port Hercules, the villa enjoys beautiful views of the Princely Palace, the sea and the superyachts. With its top floor and its vast ground floor terrace, it is the perfect location to enjoy the Monaco Grand Prix.

Pearl of architecture

This pearl of architecture has undergone a full renovation with the use of the highest quality materials and attention to details such as mouldings, marble and hardwood floors. The property offers 634 square meters of living space on four levels and 141 square meters of terraces including a 100 square meters roof top terrace with a Jacuzzi. It also offers 590 square meters of terrace at ground floor level.

It numbers a total of four bedrooms suites, all with dressing rooms. There are a large dining room, a living room, a wine cellar and a garage for 6 cars. A spectacular marble staircase and a lift lead to all floors.

If you require any further information regarding this property please do not hesitate to contact us at +33 (0)4 93 94 45 45 or info@beauchamp.com.

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